Test Difficulty Level: Easy
Syllabus of Test
Partnership - When two or more that two persons run a bussiness jointly, they are called "partner" and the deal is known as "partnership", Ratio of Division Gains.
Sample Question from this online test:
Question: P and Q started a business investing Rs.85,000 and Rs.15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?
Option A: 3 : 4
Option B: 3 : 5
Option C: 15 : 23
Option D: None of these.
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